$45,000
SOLD MAY 4, 2026

601 8th Ave Sterling, IL 61081

5 Beds
2 Baths
-- Sq Ft
1900 Built

Sale Details

Date Sold: May 4, 2026

36% Below List Price

25 on Market

About This Home

As of May 2026

Investment opportunity! Fully occupied duplex near downtown Sterling. Both units feature 2 bedrooms, 1 bath, and basement with laundry hookups. Tenants pay all utilities. 2 garage spaces also available for additional income. Featuring a newer roof, exterior paint, and updated electric. Make it yours today, and start cash flowing immediately.

Last Agent to Sell the Property

JD Gieson

RE/MAX of Rock Valley Brokerage Phone: (815) 677-1873 License #475189224 Listed on: 03/18/2026

RE/MAX of Rock Valley

Last Buyer's Agent

JD Gieson

RE/MAX of Rock Valley Brokerage Phone: (815) 677-1873 License #475189224 Listed on: 03/18/2026

RE/MAX of Rock Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 1900

Parking

  • 2 Car Detached Garage
  • Parking Available

Home Design

  • Converted Dwelling
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 75 x 68
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,103

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (815) 677-1873
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Other
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Lot Dimensions: 75 X 68
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Multi Family

  • GrossIncome: 14400
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Converted Residence

Tax Info

  • Tax Annual Amount: 2102.74
  • Tax Year: 2024
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2026 05/04/26 Sold $45,000 -24.9% --
04/12/2026 04/12/26 Pending -- -- --
04/01/2026 04/01/26 Price Changed $59,900 -14.3% --
03/18/2026 03/18/26 For Sale $69,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,103 $20,167 $3,107 $17,060
2023 $1,985 $18,931 $2,917 $16,014
2022 $1,935 $18,112 $2,791 $15,321
2021 $1,867 $17,080 $2,632 $14,448
2020 $1,816 $16,482 $2,540 $13,942
2019 $1,804 $16,183 $2,494 $13,689
2018 $1,124 $16,209 $2,498 $13,711
2017 $1,122 $16,098 $2,481 $13,617
2016 $1,072 $15,579 $2,401 $13,178
2015 $1,042 $16,007 $2,467 $13,540
2014 $1,025 $15,651 $2,412 $13,239
2013 $1,042 $16,007 $2,467 $13,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12595504

Midwest Real Estate Data (MRED)

APN: 1122302010

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